Refer & Earn
Earn real cash rewards, management fee discount and liquidity mining rewards
Olive is in the business of principal-protected yield amplification. We are always looking for new ways to distribute our yield amplification products to retail and institutional investors along with whales & LPs.
To move forward in that direction, we are launching the Olive Refer & Earn program with the following structure:
- Tier 1: 0.5% of TVL to the referrer, 5% discount in management fees to the referee
- Tier 2: 0.75% of TVL to the referrer, 10% discount in management fees to the referee
- Tier 3: 1.0% of TVL and an additional 0.5% of TVL in OLIVE Tokens to the referrer, 15% discount in management fees to the referee
For every $1 million of TVL deployed via referral code, the referrer will receive the following rewards based on their Tier:
- Tier 1: $5,000 USDC
- Tier 2: $7,500 USDC
- Tier 3: $10,000 USDC + $5,000 in OLIVE
Similarly, for every $1 million TVL deployed via referral code, the referee will receive the following cash reward (equivalent to the discount in management fee) + liquidity mining rewards.
- Tier 1: $1,000 USDC + $50,000 in OLIVE
- Tier 2: $2,000 USDC + $50,000 in OLIVE
- Tier 3: $3,000 USDC + $50,000 in OLIVE
Note: The developer team will monitor the efficacy of the refer & earn program and, if required, reserves the right to amend any program details to optimise for productive protocol growth.
- Tier 1: Anyone can create this custom code
- Tier 2: Referred active TVL above $3 million
- Tier 3: Referred active TVL above $6 million